Asportswear manufacturer is introducing a new line of sneakers. to introduce the new line, the company must pay out a fixed cost of $1.5 million for advertising and equipment, plus there is a cost of 40 cents per pair of sneakers manufactured. it plans to sell the sneakers for $75 per pair. let x be the number of pairs of sneakers manufactured. what is the total revenue at breakeven? give your answer to the nearest thousand.

Which is cheaper: eating out or dining in? the mean cost of a flank steak, broccoli, and rice bought at the grocery store is $13.04 (money.msn website, november 7, 2012). a sample of 100 neighborhood restaurants showed a mean price of $12.75 and a standard deviation of $2 for a comparable restaurant meal. a. develop appropriate hypotheses for a test to determine whether the sample data support the conclusion that the mean cost of a restaurant meal is less than fixing a comparable meal at home. b. using the sample from the 100 restaurants, what is the p-value? c. at a = .05, what is your conclusion? d. repeat the preceding hypothesis test using the critical value approach